Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wooded Land in Serenity Ridge Title is generated by Realmo AI

    118 HONEYBEE WAY, Shady Spring, WV 25918

    View on Map
    Claim this Listing
    Pending
    $35,700

    LAND - BRAGG, WV

    Lot size:
    2.38 Acres
    Added:
    Nov 4, 2025
    Days on Market:
    199
    Last Refresh:
    May 22 at 2:06 am

    Property Features for 118 HONEYBEE WAY

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    2.38 Acres

    We can help!

    Listing Contact
    Justin & Amy Fairchild

    Listing agent Justin & Amy Fairchild

    Listing office Zaferatos Real Estate 101 Ramey Court 101 Ramey Court, Beckley, WV

    Listing date Nov 4, 2025

    MLS# 93104 Listing URL

    Copyright © 2026 Beckley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2+ acre wooded property offers privacy and a peaceful setting.
    • No monthly HOA fees.
    • Surrounded by nature with fresh mountain air.
    • Easy access to Beckley and area recreation.
    • Multiple tracts available.
    • Ideal for a home or getaway.

    Overview

    This 2.38-acre wooded property, located in Bragg, WV, offers privacy and a peaceful setting. Situated in Serenity Ridge, the land provides fresh mountain air and is surrounded by nature. It is within easy reach of Beckley and area recreation. The property is suitable for a home or getaway. Multiple tracts are available. The property is located in Raleigh County.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Shady Spring
    County
    Raleigh
    State
    West Virginia
    Longitude
    -80.9792541
    Latitude
    37.7852715

    Nearby Similar for Sale

    • $4,000,000

      Expansive Land Near New River Gorge

      500-acre property suitable for various uses near New River Gorge.
      IRISH MOUNTAIN ROAD, SHADY SPRING, WV 25832
      View Details
    • $725,000

      Expansive Farmland Near New River

      100 acres of cleared farmland near New River Gorge.
      230 CLOVERDALE ROAD, SHADY SPRING, WV 25918
      View Details
    • $141,570

      Serenity Ridge 12-Acre Parcel

      12-acre parcel in Serenity Ridge, perfect for a dream home.
      924 BRAGG ROAD, BRAGG, WV 25918
      View Details
    • $27,000

      Vacant Lot in Shady Spring

      Cleared 0.79-acre building lot ready for new construction.
      109 Hunters Crossing, SHADY SPRING, WV 25918
      View Details
    • $100,000

      Shady Spring Land For Sale

      18.8-acre property near I-64, ideal for private retreat.
      3088 Pluto Rd, SHADY SPRING, WV 25918
      View Details
    • $100,620

      Wooded Acreage in Serenity Ridge

      7+ acres in WV's Serenity Ridge, ideal for residence.
      160 BRAMBLEBERRY BEND, BRAGG, WV 25918
      View Details
    • $102,180

      Land in Serenity Ridge

      7+ acres for dream home or retreat in WV.
      210 EAGLES NEST RIDGE, BRAGG, WV 25918
      View Details
    • $20,000

      Land in Glade Springs Resort

      Residential land in amenity-rich Glade Springs Resort, Shady Spring, WV.
      103 PHILLIP PLACE, SHADY SPRING, WV 25832
      View Details
    • $119,520

      Nearly 10 Acres in Bragg

      Oversized lot with mountain views in a country setting.
      185 EAGLE'S NEST RIDGE, BRAGG, WV 25918
      View Details
    • $208,640

      Land in Serenity Ridge

      26+ acres of pristine West Virginia landscape for sale.
      192 BRAMBLEBERRY BEND, BRAGG, WV 25918
      View Details
    • $113,520

      Land in Serenity Ridge Subdivision

      9.46 acres of land for sale in Bragg, West Virginia.
      221 GERBER DAISY TRAIL, BRAGG, WV 25918
      View Details
    • $44,250

      Land in Serenity Ridge, WV

      2.95 acres of land for private retreat or residence.
      661 FLATWOODS ROAD, BRAGG, WV 25918
      View Details

    FAQs

    What type of property is this?
    Land - 2+ acre wooded property for home or getaway.
    Where is this land located?
    The property is located at 118 HONEYBEE WAY Shady Spring, WV.
    What is the asking price?
    The asking price for this property is $35,700.
    What are key features of this property?
    This property features: 2+ acre wooded property offers privacy and a peaceful setting.; No monthly HOA fees.; Surrounded by nature with fresh mountain air.
    (304) 575-9690
    We can help!
    Listing Contact
    Justin & Amy Fairchild
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    118 HONEYBEE WAY, BRAGG, WV 25918
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!